324
60 Stat. 597. 50 USC 98b.
Bids.
Exemptions.
PUBLIC LAW92-98-AUG. 11, 1971
[85 STAT.
made without regard to the requirements of section 3 of the Strategic and Critical Materials Stock Piling Act: Provided,, That the time and method of disposition shall be fixed with due regard to the protection of the United States against avoidable loss and the protection of producers, processors, and consumers against avoidable disruption of their usual markets. SEC. 2. (a) Disposals of the material covered by this Act may be made only after publicly advertising foir bids, except as provided in subsection (b) of this section or as otherwise authorized by law. All bids may be rejected when it is in the public interest to do so. (b) The material covered by this Act may be disposed of without advertising for bids if— (1) the material is to be transferred to an agency of the United States; (2) the Administrator determines that methods of disposal other than by advertising are necessary to protect the United States against avoidable loss or to protect producers, processors, and consumers against avoidable disruption of their usual markets; or (3) sales are to be made pursuant to requests received from other agencies of the United States in furtherance of authorized program objectives of such agencies. Approved August 11, 1971.
Public Law 92-98 August 11, 1971 [S. 757]
Iridium. Disposal.
60 Stat. 596.
Bids.
Exemptions,
AN ACT To authorize the disposal of iridium from the national stockpile.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Administrator of General Services is hereby authorized to dispose of approximately two hundred and fifty-six troy ounces of iridium now held in the national stockpile established pursuant to the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98-98h). Such disposition may be made without regard to the requirements of section 3 of the Strategic and Critical Materials Stock Piling Act: Provided, That the time and method of disposition shall be fixed with due regard to the protection of the United States against avoidable loss and the protection of producers, processors, and consumers against avoidable disruption of their usual markets. SEC. 2. (a) Disposals of the material covered by this Act may be made only after publicly advertising for bids, except as provided in subsection (b) of this section or as otherwise authorized by law. All bids may be rejected when it is in the public interest to do so. (b) The material covered by this Act may be disposed of without advertising for bids if— (1) the material is to be transferred to an agency of the United States; (2) the Administrator determines that methods of disposal other than by advertising are necessary to protect the United States against avoidable loss or to protect producers, processors, and consumers against avoidable disruption of their usual markets; or (3) sales are to be made pursuant to requests received from other agencies of the United States in furtherance of authorized program objectives of such agencies. Approved August 11, 1971.
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